Background*

Mr. P. W. Parker, also known as Bill has been Vice Chairman at U.S. Bancorp since March 2014. Mr. Parker has been Chief Risk Officer of U.S. Bancorp since December 2013. Mr. Parker served as Chief Credit Officer of US Bancorp. He has been with US Bancorp since 1984, starting his career as a commercial lending officer and has held positions as senior credit officer in retail and wholesale banking, and as the executive vice president for credit policy. Mr. Parker served ... as the Chief Credit Officer and Executive Vice President of U.S. Bancorp from October 2007 to December 2013. From March 2005 to October 2007, he served as Executive Vice President of Credit Portfolio Management of U.S. Bancorp, having served as Senior Vice President of Credit Portfolio Management of U.S. Bancorp since January 2002. He has been Vice Chairman of U.S. Bancorp since December 2013. Mr. Parker has a bachelor's degree from Amherst College in Amherst, Mass., and a Master's from The Amos Tuck School of Business Administration at Dartmouth College in Hanover, N.H.

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